18 Apr '11, 4am

Bargains! Consumer Council warns of group-buy websites: At its monthly news conference on F... www.sherrysdeals.com

Bargains! Consumer Council warns of group-buy websites: At its monthly news conference on F... www.sherrysdeals.com

The Consumers Council has issued a warning about online pre-payment schemes, which it says can see vouchers for bus tours, movie tickets, dining, beauty treatments and other services, purchased through group-buying websites, turned into worthless scraps of paper. At its monthly news conference on Friday, the council reminded consumers that the group-buying websites provide a platform for deals that do not actually become valid, or activated, until there have been a minimum number of "sign-ups" within a specific time period. Nevertheless, consumers are required to make credit card payments or bank transfers before the tantalizing discounts actually come into effect. The council received 11 complaints regarding purchases whose aggregate value was HK$11,000 during the first quarter of 2011, a significant increase in comparison to the one complaint recorded in 2009 and two in ...

Full article: http://www.asiaone.com/News/Latest%2BNews/Science%2B%2526...

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